“The housing gap means seniors get missed. They are struggling. We are in a unique position to help bridge that gap and change lives.”
Ed Nowak, Campaign Co-Chair
There is an urgent need for affordable housing for older adults of modest and middle income means in the Region of Waterloo.
Seniors population is growing:
In Waterloo Region, between 2011 and 2016, the population growth rate for those over the age of 65 was 21.4 per cent, notably higher than the 5.5 per cent growth rate for the overall population.
More seniors living in poverty:
Approximately 1 out of 7 people in Waterloo region were over the age of 651, with 10 per cent (7,475) of senior households living with a low-income compared with 7 per cent (3,625) in 20052.
Housing costs rising:
10,0151 senior households were paying more than 30 per cent of their income on housing costs.
Seniors need affordable housing:
More than 1,110 senior led households are waiting for housing – nearly one-quarter of the list.3
1 Based on the 2016 Census.
2 Measured using the Low-Income Measure After Tax.
3 September 2019.
726 New Hampshire St, Waterloo, ON N2K 4M1
519.653.6683 capitalcampaign@parkwoodmh.com